154-1066 Falgarwood Drive, Oakville, ON

Falgarwood, Oakville · MLS® W13547204

$459,900
For Sale
Listed 7 days ago
3Bedrooms
2Bathrooms
1Garage
1400-1599Sq Ft

About this home

WOW! Welcome to this low priced condo townhouse currently available in Oakville. An incredible opportunity for first-time buyers, young families, or savvy investors looking to enter one of Oakville's desirable communities.This beautifully maintained 3 bedroom, 1.5 bathroom home offers exceptional value with thoughtful updates throughout. The main floor was fully renovated in 2023, creating a bright open-concept layout perfect for everyday living and entertaining. The modern kitchen features quartz countertops, stainless steel appliances, and plenty of storage. Fresh paint throughout gives the home a clean, move in ready feel.The unique multi-level layout offers privacy and functionality, with the spacious primary bedroom set on its own level. Two additional bedrooms, the main bathroom, and convenient upper level laundry complete the upper floor. Step outside to your walkout patio overlooking open green space. The perfect spot for morning coffee, relaxing evenings, or entertaining outdoors.Condo fees add incredible value by including water, cable TV, and high-speed internet, helping keep monthly expenses simple and predictable. Lovingly cared for by the same owners for over 20 years, this home is a true testament to comfort, community, and lifestyle. Affordable, stylish, partially updated, and move-in ready, this is your chance to break into the Oakville market without compromise. Conveniently located minutes to highways, schools, shopping, restaurants, trails, transit, and Oakville Place. Welcome Home!

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
W13547204
Bedrooms
3
Bathrooms
2 (1 half)
Size
1400-1599
Cross streets
Eighth Line
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
Window Unit(s)
Exterior
Stucco (Plaster)
Maintenance
$932/mo
Exposure
South West
Property tax
$2,081 / 2026
Days on market
7
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

KitchenGround4.39 × 2.56 m
BathroomThird1.51 × 2.68 m

4 Pc Bath

BathroomGround1.40 × 1.22 m

2 Pc Bath

Bedroom 3Third4.08 × 2.71 m
Living RoomGround4.70 × 3.40 m
Primary BedroomSecond4.35 × 3.40 m
Bedroom 2Third3.27 × 3.21 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$665Kest. value

Listed at $459,900, this home is about 31% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Falgarwood, so I widened the search to the surrounding area.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $488K, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $580K
  • Adjusts to $580K

That comparable adjusts to $580K; the $665K estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Falgarwood + 8th Line is about a 2-minute walk away.

List price
$460KGreat deal$776KOverpriced

Total price vs nearby homes. Fair value about $665K, median of 6 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$673kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

16-1450 Sixth Line$580k37-1016 Falgarwood Drive$499k21-530 Falgarwood Drive$598k56-2272 Mowat Avenue$839k86-2350 Grand Ravine Drive$850k

The 5 closest of 8 active listings nearby.

See all comparable homes
460kThis home580k499k598k839k850kThis home vs active comparables
Live market pulseActive comparables in Falgarwood · median list $598K
$307this home / sqft
5active listings nearby
7days on market

31 days faster than the Oakville average (38 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Falgarwood, Oakville, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

56/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Falgarwood + 8th Line, about 183 m away

20+ transit stops4 grocery20+ dining20+ parks9 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Wedgewood Creek
$959K
College Park
$694K
River Oaks
$589K
Glenorchy
$830K
Bronte
$857K

Typical asking price of active listings of the same type, per area (outliers removed). Oakville.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,096/mo
$106KIncome needed
4.3×Price ÷ income
$484Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

65%mortgage
Mortgage $2,096Property tax $173Condo fee $932Total carry $3,202

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,963per month

Mortgage amount $367,920 · 4.14% over 25 years

$91,980Down payment (20.0%)
$367,920Loan before insurance
$0CMHC premium
$3,069Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,963
Property tax
$173
Condo / maintenance fees
$932
Heating
$0
Estimated monthly cost
$3,069

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,673
Estimated closing costs
$5,673

Plus your down payment of $91,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,385/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$221,087Total interest paid
$589,007Total of all payments
Principal $367,920 Interest $221,087
YearPrincipalInterestBalance
1$8,619$14,941$359,301
2$8,980$14,581$350,321
3$9,355$14,205$340,966
4$9,747$13,814$331,220
5$10,154$13,406$321,065
6$10,579$12,981$310,486
7$11,021$12,539$299,465
8$11,482$12,078$287,982
9$11,963$11,598$276,020
10$12,463$11,097$263,557
11$12,984$10,576$250,572
12$13,528$10,033$237,044
13$14,093$9,467$222,951
14$14,683$8,877$208,268
15$15,297$8,263$192,971
16$15,937$7,623$177,034
17$16,604$6,957$160,430
18$17,298$6,262$143,132
19$18,022$5,539$125,111
20$18,775$4,785$106,335
21$19,561$4,000$86,775
22$20,379$3,181$66,396
23$21,231$2,329$45,164
24$22,119$1,441$23,045
25$23,045$516$0

At the end of your 5-year term

Total paid over the term
$117,801
Principal paid down
$46,855
Interest paid
$70,947
Balance remaining
$321,065

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,750/mo
$57,000Gross annual rent
8.0%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

12.4%
Gross yield
− Property tax $2,081− Condo fees $11,188− Insurance $600− Vacancy & upkeep $6,270Net operating income $36,861

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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